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Pleasantly in a style about him a callous old agile stars of the on the weekend of sennas homegrown pray cast and crew will be hyping their tribute is a soaring success. And reminder of the top story were following for you this is the scene in buffalo now with thousands of Pro Independence protesters have taken to the streets it comes one day after spanish authorities released the re just separatist parliamentary speaker from jail and follows days of strikes aimed at putting pressure on madrid. Thats all from us this hour thank you for watching. United against climate change. Big challenges for the twenty third u. N. Climate conference in bali. How our nations working to meet their Paris Agreement targets cop twenty three this weekend next on new day doubling news. Its all about the moments that. Its all about the stories in so. Its all about George Chance to discover the world from different perspectives. Join us and be inspired by distinctive instagram or others at g. W. Stories new topics each week on instagram. At. The paradise paper. Another leak of global tax avoiders Britains Queen is listed and rock star bono along with one hundred twenty International Companies like americas apple facebook and nike Paradise Papers show once again how the global elite avoid paying taxes taxes governments need to fund schools hospitals and roads its not illegal to move your money offshore into low tax countries but you do need highly specialized lawyers to ensure income you make in a high tax country is taxed in a place where the rates are rock bottom. This is how the system functions. A german i. T. Company for example registers its peytons through a subsidiary based in ireland where the tax rate is much lower than at home. Even though the product primarily sells in germany the income is booked in ireland. As a result only a small part of the companys profits are taxed in germany at a rate of thirty percent. Most is taxed in ireland at only twelve percent. Thats completely legal but companies try to avoid making them a new was public because it could be bad for their image apple for one paradice paper say apple is always searching for ways to worm out of taxes the company owns millions with its iconic smartphones tablets and computers it could scare off some consumers if they know the premium prices they pay are not even taxed at local rates but while countries like britain and germany have made some attempts to close loopholes smaller countries like ireland have benefited by slashing their tax rates sometimes were blocked or blocked by the fact that the number states consider that they should be you go from this or that and now were in a different period thats what i call the transparency who should its high time that everybody goes in the same direction. To eliminate forward into combat thats evasion. The e. U. Commission aims to publish a blacklist of tax havens by the end of this year its hoped naming and shaming them will encourage more transparency in the murky world of offshore phones and investment. The Ritz Carlton Hotel in riyadh is normally a popular Meeting Place for saudi arabias rich and powerful but mobile phone footage has emerged showing how the luxury hotel has become a prison the rich and famous arrested this week in a corruption crackdown now sleeping on mattresses saudi leader crown Prince Mohammed bin sound man on the left of this poster with his father king so man means business. But the have said you know retention of people on charges of corruption was we were in positions of high or thorazine and possess lots of money and to trade throughout most of the worlds continent also proves that the economic side is considered important to our leadership and walker will cry that among those arrested printout will lead been to lull one of the worlds richest men. From riyadh to tallest skyscraper he controls Luxury Hotel Chains broadcasters and a real estate empire the sites the arrests more than twelve hundred private Bank Accounts were also frozen. Traders at the Riyadh Stock Exchange were initially nervous following the move with investors worried that since those arrested control such vast assets there could be a negative impact on the economy or even the oil price but the mood soon lightened. And i thought First Impression is that there is a wide welcome from investors and there are important signs from these decisions that no one is above the law even a prince or minister kind of war or that yet questions remain is this really about fighting corruption or is it. A way of eliminating political and commercial opponents. German industrial giant siemens reported an impressive eleven percent rise in a neural net profits to six billion euros but it could have been even better if its Power Division hadnt weight so heavily on the bottom line this year. Fourth quarter profits of the ailing power and gas unit the Company Second biggest after health care plunged forty percent. Later this month siemens decides on up to six thousand job cuts in the division. Germanys economy is on a long term role thats the conclusion of the governments Economic Advisory panel the socalled five stages in their annual report they forecast two percent g. D. P. Growth this year and a slight increase to two point two percent next that promises a continuing tax bonanza the five say just say the government should use the extra cash to fund more Education Research and infrastructure improvement. The European Commission wants the blocks car makers to cut their fleets Greenhouse Gas emissions by a further thirty percent by twenty thirty in brussels this week a proposed drastic fines for companies which dont manage to throttle their emissions and during the same time frame the Commission Wants thirty percent of new registrations to be electric or alternative drive cars to encourage that its putting up eight hundred Million Euros to expand car charging stations throughout europe. American companies signed contracts worth a total of some two hundred fifty billion dollars during the us President Donald Trump says that to china the contracts cover the Energy Aviation and Electronics Sectors aircraft maker boeing lands a thirty two billion dollar order for three hundred of its planes. Trump has previously complained bitterly that china takes advantage of america in trades though this week he said he doesnt actually blame them for doing so. Social Network Twitter has doubled the length of a tweet to two hundred eighty characters it hopes more words will generate more profits investors have been pushing for a change user numbers have long been flat and even begun declining this year that means less revenue from the network targeted that twitter has three hundred thirty million users tweeting including trump. What we are witnessing here should have ceased long ago nigerias High Court Ruled gas flaring by Oil Companies illegal as far back as two thousand and five. But only a few hundred meters away from these peoples fishing village global Oil Giant Shell continues to flare all of its toxic gases with impunity the locals say that every family here has members who suffer from cancer and chronic bronchitis village headmen who are a dark color is at a loss. For more than two decades. Next yeah and same twenty times. Twenty and so on and so forth and this is twenty seventeen and gaslighting is right behind me you can see. Just flaring produces toxic nitric oxide as well as Greenhouse Gases like Carbon Dioxide yet the oil industry has long had the technology to collect the gases released join all production and use them as energy according to universe

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